It feels like there are more and more companies doing payfi, and more and more are making U-cards, all utilizing stablecoins and various DeFi protocols, compatible with Visa, just waiting to see who can survive.
In this issue, let's introduce Solv's Emerald Card, which utilizes Solayer's infiSVM technology and leverages the processing power of Solana to enhance speed, making the circulation and speed of payfi as smooth as swiping a credit card.
Storyboard Analysis:
Imagine, during busy peak hours, everyone is trying to get home, and the roads are usually jammed, but for the Emerald Card, every vehicle has its own exclusive, never-congested private highway. This is the vision that Solayer's infiSVM technology aims to achieve. It doesn't simply widen existing roads; it dynamically creates a separate parallel route. This innovative creation can theoretically expand infinitely, fundamentally eliminating the situation where you get stuck on your way home after work, allowing for payment with no delays and millisecond-level arrival.
Solv's Emerald Card is a payment tool designed to operate on this private highway. When paying with the Emerald Card, this transaction does not enter the public congested lane to queue for processing. Instead, infiSVM instantly opens a dedicated channel for it, allowing for extremely fast verification and settlement.
This enables cryptocurrency payments to break free from the constraints of traditional blockchain transaction confirmation delays, achieving a true sense of "swipe and go," allowing users to barely feel the existence of blockchain technology behind their daily consumption, experiencing seamless and smooth transactions!